Quarterly report pursuant to Section 13 or 15(d)

Recently Issued Accounting Standards

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Recently Issued Accounting Standards
 6 Months Ended
Jun. 29, 2013
Recently Issued Accounting Standards

Note P — Recently Issued Accounting Standards

In July 2013, the FASB issued an update to their accounting guidance which requires unrecognized tax benefits to be netted with net operating loss or tax credit carryforwards in the Consolidated Balance Sheets if specific criteria are met. The guidance is effective January 2014 for interim and annual periods. The adoption of this accounting guidance is not expected to have an impact on VF’s Consolidated Financial Statements.